Google Cloud Platform expands its enterprise networking

Google Cloud Platform introduced several additions to its enterprise networking portfolio. Cloud NATBeta - a Google-managed Network Address Translation service that lets enterprises provision application instances without public IP addresses while also allowing them to access the Tnternet for updates, patching, config management in a controlled and efficient manner. Outside resources cannot directly access any of the private instances behind the...

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Google Cloud Storage adds regional replication

Google Cloud Platform (GCP) introduced more data storage replication options within regions and between regions. This allows customers to move large data sets across regions using Google infrastructure for ensuring availability and business continuity. Some highlights: A new dual-regional option for replicating data, which is especially beneficial for analytics or big data workloads. Customers are able to write to a single dual-regional bucket...

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Deutsche Telekom outlines 5G program

Deutsche Telekom CEO Tim Höttges outlined an eight-point program for rolling out 5G that targets coverage to 99% of Germany's population by 2025. The company is aiming to launch commercial 5G operation will launch in 2020 when terminal devices are available in sufficient numbers. Already 22,000 of the company's 27,000 mobile sites are already 5G-ready thanks to fiber-optic connectivity and the single RAN technology. Speaking at the Telekom Netze-Tag...

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Snowflake adds $450 million in funding for data warehousing

Snowflake Computing, a start-up based in San Mateo, California, closed $450 million in additional growth funding led by Sequoia Capital and including existing investors: Altimeter Capital, Capital One Growth Ventures, ICONIQ Capital, Madrona Venture Group, Redpoint Ventures, Sutter Hill Ventures and Wing Ventures. New investor Meritech Capital also joined this round, which raises Snowflake’s pre-money valuation to $3.5 billion. Earlier this year,...

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EXFO posts Q4 sales of US$69 million

EXFO reported sales in its fourth quarter of fiscal 2018 of US$69.2 million compared to US$63.0 million in the fourth quarter of 2017. Annual sales improved 10.8% to US$269.5 million in fiscal 2018 from US$243.3 million in 2017. IFRS net loss amounted to US$4.0 million, or US$0.07 per share, compared to net earnings of US$0.8 million, or US$0.02 per share, in the fourth quarter of 2017. In fiscal 2018, IFRS net loss totaled US$11.9 million, or US$0.22...

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MegaFon's CEO steps down

Russia's MegaFon announced the resignation of its General Director and CEO, Sergey Soldatenkov, who will leave the company before the expiration of his contract in 2019. MegaFon's Board of Directors appointed Gevork Vermishian to take over his positions. Vermishian is currently Executive Director. Sergey Soldatenkov commented: “I have decided that the time has come to hand the reins to Gevork. I have been involved with the Company since its creation,...

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ADTRAN delivers 2nd gen Gfast capable of 2 Gbps

ADTRAN launched its 2nd generation Gfast products allowing for the transparent extension of FTTH service capabilities. The company is the first to deliver Gfast solutions that conform with Amendment 3 of the ITU-T G.fast standard, which doubles the usable spectrum from previously 106 Mhz to 212 MHz. With Amendment 3, Gfast is now capable of providing an aggregated bandwidth of 2 Gbps, delivering fiber-like speeds for Multi-Dwelling Units (MDUs)...

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